Have just looked through the 07 annual report. There are some 40 million unlisted options, employees etc., in several tranches with exercise prices ranging from 25 cents through to $1.80, with exercise dates ranging from June 09 through to December 2010.
I can't say whether that's a disincentive or not to get the deal to bed before June 30. However, I could hazard a guess and say that Alan Shortall wouldn't do the deal with the listed options foremost in his mind, rather with the intention of securing the best deal possible for all shareholders in the medium to longer term.
Guess it's fingers crossed and hope for the best.
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